Growth
Recovery still some way off for England
by Staff Reporter • 14 May 2009
Economic growth will contract by 4.5 per cent in 2008, the Bank said in its inflation report yesterday, compared to... READ MORE
US foreclosures hit new high
by Staff Reporter • 14 May 2009
Foreclosures filings in the March quarter rose 9 per cent from the December quarter to 803,489, RealtyTrac said... READ MORE
Grant extension good but not enough
by Staff Reporter • 14 May 2009
Federal treasurer Wayne Swan revealed the grant would be extended in the federal budget on Tuesday night. Until the... READ MORE
Securitisation sector to lobby for more support
by Staff Reporter • 13 May 2009
“The importance of securitisation cannot be overstated. The banking system needs alternatives to provide... READ MORE
New industry alliance a boost for loan servicing
by Staff Reporter • 13 May 2009
Under the arrangement BNY Mellon will provide a variety of mortgage related services to lenders such as loan... READ MORE
Swan spends big to steer economy through recession
by Staff Reporter • 13 May 2009
The 2009-10 budget was “forged in the fire of the most challenging economic conditions since the great... READ MORE
No halt on insurance payouts: Genworth
by Staff Reporter • 12 May 2009
The Australian Financial Review today reported that mortgage insurers were rejecting a greater number of claims as a... READ MORE
Auction clearance rate remain below 70pc
by Staff Reporter • 11 May 2009
The number of properties sold at auction in Sydney rose by 6.1 per cent on Saturday from the weekend prior to a... READ MORE
Mortgage belts better for capital growth
by Staff Reporter • 11 May 2009
According to an analysis by the valuer of value growth in statistical sub divisions (SSDs) across the nation’s... READ MORE
Surprise improvement in unemployment
by Staff Reporter • 8 May 2009
The unemployment rate yesterday decreased by a surprise 0.3 per cent to 5.4 per cent for April, the ABS said, as... READ MORE
Surfers Paradise most expensive retail strip for rents
by Staff Reporter • 7 May 2009
According to CBRE retailers pay an average net face rent of $2,400 per square metre for a share of the bustling,... READ MORE
Government stimulus payments boost retail spending
by Staff Reporter • 7 May 2009
Retail turnover rose 2.2 per cent in March from February, the ABS said yesterday.
Department stores in particular... READ MORE
9/11-style commission planned to investigate financial crisis
by Staff Reporter • 7 May 2009
US lawmakers last night voted 367 to 59 to set up such a panel, modeled on the commission that investigated the... READ MORE
Tough times for small business
by Staff Reporter • 7 May 2009
The NAB SME Survey for March, released yesterday, revealed that poor conditions are plaguing SMEs across every state,... READ MORE
Stimulus needed to maintain momentum in house construction
by Staff Reporter • 6 May 2009
Dwelling approvals rose for the second consecutive month in March to 10,494, the ABS revealed yesterday. This... READ MORE
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